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Physware, Inc., a
provider of high-speed 3D field solutions for the high-frequency package and
board markets, recently announced that Madrona Venture Group and WRF Capital
have collectively invested $2.5 million in venture funding. The company
announced that the series A funding will enable Physware to accelerate product
development and global expansion.
Founded in June 2006 by
Dr. Vikram Jandhyala, Physware develops technology that significantly enhances
advanced package and board-level electrical modeling and design. The company’s
patent-pending, physics-aware technology enables improved productivity and
efficiency at every step of the design cycle, significantly reducing time to
market.
“This funding
represents a tremendous vote of confidence in Physware’s revolutionary
technology, which originated at the Applied Computational Engineering (ACE) lab
at the University of Washington (UW),” said Professor Jandhyala. “Madrona
Venture Group and WRF Capital have supported multiple successful technology
companies originating from the UW, and we are delighted to have them as part of
our team.”
“What excited us most
about Physware is that its technology is not just a little bit better, a little
bit faster,” said Greg Gottesman, Managing Director of Madrona. “Physware’s
solution offers orders of magnitude improvement in speed without sacrificing
accuracy. We use the term ‘disruptive technology’ too much in the venture
business. This really is disruptive technology.”
Gottesman and fellow
Madrona Managing Director Tom Alberg sit on the board with Physware chairman and
CEO Dr. Jandhyala and Physware president and COO, Bala Vishwanath.
“We are excited to work
with this team,” said Alberg. “Vikram is that rare combination of technical
genius and business leader, and Bala brings a solid history of execution in the
EDA space. They’ve also assembled an incredible group of developers who have
built a product that we think will change the EDA market landscape.”
Physware, Inc. develops
high-speed field solutions for signal and power issues in high-frequency package
and board-level electrical modeling and design for the microelectronics
industry. The company’s patent-pending, physics-aware technology tightly couples
analysis and design methods to the underlying Maxwell’s and circuit equations,
enabling robustness and efficiency at every step of the design cycle and
significantly reducing time to market. Physware’s accelerated technology
delivers unprecedented capacity, handling in package and board simulations,
significantly faster speed than current methodologies, and the ability to span
the entire design cycle while maintaining concurrent, uncompromising Maxwell
accuracy.
Physware is a
venture-backed, privately-held company led by an experienced management and
advisory team. The technology is based on multiple patent-pending methodologies,
over one hundred publications, several PhD theses, and significant research
funding by DARPA, NSF and industry leaders.
For more
information, please visit
www.physware.com
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